Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Spread Eagle!


Where's the love?


Glowing and burning
Blinded by thirst
They didn't see the stop sign
Took a turn for the worse

(The Eagles)

Do you have any idea how hard it is to keep both eyes on your trusty charts while shoveling sashimi into you mouth at the same time? Man--there's wasabi everywhere! To make matters worse, Fokker keeps saying "Hey Toddo, I ordered well, right? Huh? I ordered good sashimi, right? This is how you like it, right?" DUDE! I'm trying to focus! Drink a tall glass of "shut the heck up" and sit down!

Our technical patterns continue to fight the good fight and I'm trying to figure out if it's too easy to be short right now. Seriously...North Korea nukes..."red alert" rumors...NATO's getting pretty dismal out there. If only the VIX was spiking, it would all line up--but nothing's that easy in this environment!

The financials and semis continue to relatively outperform and IF the tape turns, they'll likely lead us higher. I'm not playing it that way, mind you--I'm leaning short (small) in the S&P and will simply cover if we breach my technical zones. I like assigning specific levels of action as it removes emotion from my process and, as we know, emotion is the enemy when trading.

My posts today are shorter than normal as these are dynamic times and they call for dynamic columns. Oops....the NDX just snuck through to the downside and I'm gonna wipe the wasabi off my chin and get back to work. I'm taking a lot of deep breaths today and I highly suggest it--lucidity is our friend.

Fare ye well.

< Previous
  • 1
Next >
position in s&p

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos